Tern (LON:TERN) Trading Up 13.7% – Should You Buy?

Shares of Tern Plc (LON:TERN) traded up 13.7% during mid-day trading on Wednesday . The company traded as high as GBX 0.54 ($0.01) and last traded at GBX 0.54 ($0.01). 1,504,752 shares traded hands during trading, a decline of 49% from the average session volume of 2,952,514 shares. The stock had previously closed at GBX 0.48 ($0.01).

Tern Price Performance

The stock’s fifty day moving average price is GBX 0.72 and its 200-day moving average price is GBX 1.10. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.33 and a quick ratio of 0.75. The firm has a market cap of £3.46 million, a price-to-earnings ratio of -135.10 and a beta of 0.89.

Tern (LON:TERN) last released its quarterly earnings data on Thursday, September 4th. The company reported GBX (0.18) earnings per share for the quarter. Tern had a negative net margin of 17,804.03% and a negative return on equity of 108.05%.

Tern Company Profile

Tern backs companies with proven technology, based in the UK but with global ambition.

Our management team has a strong track record of unlocking opportunities in the USA for UK companies.

We look for well-motivated teams who are building innovative high growth businesses, with revenue and IP, and which are harnessing software to create or disrupt markets.

We predominantly support software companies which develop commercial IoT security, enablement and analytics solutions for the healthcare and industrial sectors, where safety and regulatory compliance are important market requirements.

Unlike many of our peers, we select to work with only a handful of companies in a given period.